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Legal Sports Betting Brief: Peru, South Korea, Brazil, Africa

Legal Sports Betting Brief: Peru, South Korea, Brazil, Africa

by Michael Molter | May 13, 2025 11:26 am | Legal

From regulation and tax shifts in Peru to betting’s digital dominance in Africa, the global sports wagering landscape is evolving fast. While some nations expand and embrace the market, others like South Korea are scrambling to manage their risks. LIMA – While...
Peru Online Gambling, Sports Betting Signed into Law

Peru Online Gambling, Sports Betting Signed into Law

by Giovanni Shorter | Aug 15, 2022 9:57 am | Regulatory

Peru President Pedro Castillo has officially signed online gambling and sports betting into law. The iGaming market is projected to gross $40 million USD annually from revenue from online operators. No launch date has been set yet for sportsbooks to go live. LIMA,...
Peru Approves 12% Tax Rate For Regulated Sports Betting

Peru Approves 12% Tax Rate For Regulated Sports Betting

by Giovanni Shorter | Jul 18, 2022 1:52 pm | Regulatory

The Plenary of Congress has approved Peru’s the sports betting tax rate for the forthcoming market. Congress approved 12% on taxes for all regulated betting. The tax revenue will be divided amongst Public Treasury, the Peruvian Sports Institute (IPD), and the Ministry...
Sunday Soccer Lineup: World Cup Final, Copa America, CONCACAF Gold Cup

Sunday Soccer Lineup: World Cup Final, Copa America, CONCACAF Gold Cup

by Michael Molter | Jul 7, 2019 4:46 am | Sports Betting

The USWNT is looking to repeat as World Cup Champions, as they take on the Netherlands on Sunday at 11 AM EST. Brazil is a heavy favorite against Peru in the Copa America Final, which begins at 4 PM EST on Sunday. The USMNT is a slight underdog against Mexico in the...

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